Anchorage Digital plans to launch a "Cashless" stablecoin reserve model on Solana.

PANews reported on May 6th that Anchorage Digital, a US-based federally chartered digital asset bank, plans to launch a "Cashless" stablecoin reserve model on Solana to improve the liquidity, capital efficiency, and security of large-scale institutional stablecoin issuers. This model will hold reserve assets in interest-bearing, low-risk tokenized instruments on Solana, meeting redemption needs through instant liquidity and reducing the need for static cash buffers. Anchorage Digital will issue and manage stablecoins on behalf of institutional partners and is currently exploring potential tokenization solutions with JPMorgan Asset Management to support its liquidity framework.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
A-shares closed: The Shanghai Composite Index fell 1.52%, with over 4,300 stocks declining across the market.
PANews Newsflash